Jaguar Land Rover achieves record global sales in 2017
Retail sales in December were up in overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US, the statement said.
Key highlights:
- JLR retail sales for the month of December were 55,697, up 0.6%
- Retail sales in Dec were up in overseas markets (19.0%), but down in the UK (15.8%)
- Tata Motors Group global wholesales in November 2017, were higher by 22%
Despite tough conditions in some markets, Jaguar Land Rover (JLR) achieved record global sales in 2017 with retails of 621,109 vehicles, up 6.5% on the prior year.
According to Tata Motors' statement, retail sales for the month of December were 55,697, up 0.6% and for the quarter were 154,447 vehicles, up 3.5%.
Retail sales in December were up in overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US, the statement said.
Commenting on the full year, Andy Goss, Jaguar Land Rover Group Sales Operations Director, said, “We have once again delivered year-on-year sales increases thanks to a world-class product range and new models such as the E-PACE and Velar, as well as China-specific models such as the XFL."
“But we are facing tough times in key markets such as the UK where consumer confidence and diesel taxes will hit us,” Andy Goss added.
The statement said, "Jaguar retail sales were 15,079 vehicles in December, down 7.8% compared to December 2016 as solid sales of the long wheel base Jaguar XFL in China and the introduction of the E-PACE were more than offset by softer sales of XE and XJ."
It further added, "Land Rover retailed 40,618 vehicles in December 2017, up 4.1% compared to December 2016, led by the introduction of the Range Rover Velar and the sales ramp up of the all new Discovery."
Tata Motors Group global wholesales
The Tata Motors Group global wholesales in November 2017, including Jaguar Land Rover, were at 1,12,473 nos., higher by 22%, over November 2016, said the statement.
"Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in November 2017 were at 40,845 nos., higher by 51%, over November 2016," it further informed, adding "Global wholesales of all passenger vehicles in November 2017 were at 71,628 nos., higher by 10%, compared to November 2016."
Global wholesales for Jaguar Land Rover were 54,244 vehicles, while Jaguar wholesales for the month were 12,287 vehicles, and Land Rover wholesales for the month were 41,957 vehicles.
10:28 AM IST